ProShares Metaverse Financial Statements From 2010 to 2025
| VERS Etf | USD 55.03 0.69 1.27% |
Check ProShares Metaverse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProShares Metaverse's main balance sheet or income statement drivers, such as , as well as many indicators such as . ProShares financial statements analysis is a perfect complement when working with ProShares Metaverse Valuation or Volatility modules.
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ProShares Metaverse ETF ETF Price To Book Analysis
ProShares Metaverse's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current ProShares Metaverse Price To Book | 0.24 X |
Most of ProShares Metaverse's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProShares Metaverse ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, ProShares Metaverse ETF has a Price To Book of 0.24 times. This is 69.62% lower than that of the ProShares family and significantly higher than that of the Technology category. The price to book for all United States etfs is 38.46% higher than that of the company.
About ProShares Metaverse Financial Statements
ProShares Metaverse shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although ProShares Metaverse investors may analyze each financial statement separately, they are all interrelated. The changes in ProShares Metaverse's assets and liabilities, for example, are also reflected in the revenues and expenses on on ProShares Metaverse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The index consists of companies that provide innovative technologies to offer products and services around the Metaverse. Proshares Metaverse is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of ProShares Metaverse Correlation against competitors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of ProShares Metaverse ETF is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Metaverse's value that differs from its market value or its book value, called intrinsic value, which is ProShares Metaverse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Metaverse's market value can be influenced by many factors that don't directly affect ProShares Metaverse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Metaverse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.